In today’s workforce, it is not only becoming more and more important to hire the best employees, but it is also crucial to retain your new hires. Top talent know they have options and if they do not connect with a company on multiple levels and feel great about their job, they may continue looking – while on your payroll.
TTI has a vested interest in getting to the bottom of today’s challenge with employee retention and studies have shown that the strategy of job seekers today are hindering employee retention statistics. According to our recent research study on over 19,000 active job seekers, 55% of those looking for a job are currently employed. This means employees are just waiting for the right job to come, and when it does, your retention stats will be impacted.
The study also revealed that for 87% of the respondents, finding the right job is more important than finding just any job. In fact, 30% say they have applied for over 50 jobs during their current job search, which means they are likely weighing their options to be sure they choose a job that is right for them. To be sure your employees are not burning through your payroll while looking for their next big break, implement employee retention strategies that increase engagement and satisfaction before it is to late and your company’s employee retention statistics take the hit.
